Doma Enters Into Agreement To Go Private At $6.29 Per Share In Cash, Plans To Merge With TRG
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Doma Holdings Inc has entered into an agreement to go private at $6.29 per share in cash and plans to merge with TRG. Doma's underwriting division, Doma Title Insurance, is expected to be renamed Doma Technology. Upon closing of the transaction, Doma will no longer be traded or listed on any public securities exchange. Doma may solicit alternative acquisition proposals from third parties during a 50-day "go-shop" period.
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